FY2019 Earnings Forecast for People Corp Issued By Clarus Securities (PEO)

People Corp (CVE:PEO) – Research analysts at Clarus Securities decreased their FY2019 earnings per share (EPS) estimates for shares of People in a note issued to investors on Tuesday, December 4th. Clarus Securities analyst N. Atkinson now anticipates that the company will earn $0.20 per share for the year, down from their previous forecast of $0.21. Clarus Securities also issued estimates for People’s FY2020 earnings at $0.31 EPS.

Several other brokerages have also commented on PEO. Laurentian set a C$9.75 price target on People and gave the stock a “buy” rating in a research note on Friday, August 24th. Cormark dropped their price target on People from C$10.00 to C$9.50 in a research note on Tuesday.

Shares of CVE:PEO opened at C$7.05 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 55.96. People has a 12 month low of C$6.18 and a 12 month high of C$8.52.

In other People news, Director Scott Cameron Anderson sold 4,500 shares of the company’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of C$8.51, for a total transaction of C$38,295.00.

About People

People Corporation provides group benefits, group retirement, and human resource services in Canada. The company offers consulting advice, which primarily includes plan review and design, plan recommendations and alternative funding methods, plan set up, employee communications, wellness programs, and plan marketing services.

Further Reading: Earnings Reports

Earnings History and Estimates for People (CVE:PEO)

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